Mumbai, Jan 31 (UNI) Auto Major, Bajaj Auto Ltd,hasreported a drop of 4.74 perceny in its net profit at Rs 924.62 crore for the quarter ended December 31, 2016 as compared to Rs 970.61 crore for the quarter ended December 31, 2015. Total Income decreased by 7.40 percent to Rs 5673.42 crore for the quarter ended December 31, 2016 as against Rs. 6126.71 crore for the quarter ended December 31, 2015. Company sold 8.51 lakh units in the quarter ended December 2016, down 10.5 percent compared with 9.51 lakh units sold in same quarter last year as domestic as well as exports sales were down 5 percent and 17.5 percent, respectively. Realisations during the quarter increased 1.4 percent to Rs 59,500 per unit from Rs 58670 per unit in previous quarter.Operating profit slipped 10.9 percent year-on-year to Rs 1,044 crore and margin contracted by 50 basis points to 20.6 percent in Q3. It was supported by lower raw material cost and other expenses. Other income during the quarter grew by 31.7 percent to Rs 319.3 crore in the quarter ended December 2016. UNI JS AW1525